Core Insights - Oil demand is projected to rise by 1.34 million barrels a day next year, driven by easing inflation, fiscal measures, and improving global trade [1] Industry Summary - The increase in oil demand is attributed to several factors, including easing inflation, which may enhance consumer spending and economic activity [1] - Fiscal measures implemented by governments are expected to support economic growth, further contributing to the rise in oil demand [1] - Improving global trade conditions are anticipated to bolster oil consumption as international commerce picks up [1]

Core Viewpoint - The head of Abu Dhabi National Oil Company (ADNOC) projects that global oil demand will remain above 100 million barrels per day through 2040, indicating a sustained demand for oil in the coming decades [1] Group 1: Oil Demand - Global oil demand is expected to stay above 100 million barrels per day until 2040, reflecting a strong and ongoing need for oil [1] - This forecast suggests that the oil industry will continue to play a crucial role in the global energy landscape [1] Group 2: LNG and Electricity Demand - In addition to oil, there is an anticipated increase in demand for liquefied natural gas (LNG) and electricity, highlighting a broader trend in energy consumption [1] - The growth in LNG and electricity demand may indicate a shift in energy preferences and consumption patterns among global markets [1]